What is an Elevator Pitch?

It’s meant to be shorter than an elevator ride, meaning, 30 seconds or less. The concept also applies to pitching yourself, as an individual, to introduce yourself and or land a job- but we’ll be focusing on the company/startup version of this. So- an elevator pitch should be enough to explain your startup idea and leave the investor curious for more. You can use the hook at the pitch’s beginning or end. Your hook might interest your audience if you’re cold-pitching and use it at the beginning.

• Built for who [want to achieve X/need to solve X], is a that .
• An elevator pitch is useful in all sorts of professional (and even personal!) situations.
• Depending on the situation, your elevator pitch will have a slightly different purpose.
• Maintain the level of eye contact that feels normal and natural to you, and break eye contact when appropriate.
• Present your unique solution when your audience understands you know the problem.
• For example, if you’re a student, the pitch you use at a career fair may not be the same one you use at a networking event.

Instead of industry jargon, incorporate numbers into your elevator pitch. Investors understand How To Create An Elevator Pitch With Examples numbers and a single relevant data point can do most of the influencing for you.

Elevator Pitch Bonus Tips

Your big idea and story are the beginning of your elevator pitch. The best elevator pitches are clear, concise, and easy to understand. They highlight what makes your company different and why customers should choose you over the competition.

Your solution needs to solve the problem you’ve described and be the right choice for your target customer. For example, it would be easy to say that a new hair salon is for anyone that needs a haircut. But, that salon will have a much better time marketing and attracting https://www.wave-accounting.net/ potential customers if it knows what kinds of customers it would like to serve. You’ll likely find yourself using your elevator pitch in many different scenarios. It can be helpful to develop an elevator pitch tailored to each situation you’ll encounter.

Learn how to boil down the essentials of your business or your own value with a to-the-point and effective elevator pitch.

I was spending so much time creating reports for key stakeholders that could’ve been diverted to more important revenue-generating activities. If you’re not using AnswerASAP, you’re spending too much of the organization’s time, money, and talent on something that can be generated by our tool on-demand in 30 seconds. Your marketing team members will each spend approximately 8,730 minutes of their work year putting together reports. We’ve saved companies thousands of dollars per year, and they’re operating more efficiently than ever.

Jargon exists in many industries, but you don’t want to use too much of it in your elevator pitch. To determine how much you should include, Moffett said you should consider your audience. At the competition, professionals scored students on their delivery, content and closing, and offered feedback and tips to improve. Be sure to include your contributions to the professional landscape as well.

Offer the solution

WrongI’m a Project Manager with 10+ years of experience in major state hospitals. I’m skilled in kanban, Scrum, and Agile methodologies. And I have a proven record of delivering projects on time and within budgets.